Annual Report 2019

Glossary

Our glossary explains technical terms from the areas finance and reinsurance. We hope it facilitates the understanding of our texts, publications and annual reports. If you have comments or suggestions, please use our feedback form!

reinsurance treaty under which the reinsurer assumes the loss expenditure in excess of a particular amount ( priority) (e. g. under an excess of loss treaty). This is in contrast to proportional reinsurance.